Housing Bulletin— Join the Auction Action

As more homeowners and builders fall into foreclosure, many of the properties they let go of wind up on the auction block, where house hunters willing to do some advance legwork can land some terrific bargains. “It’s not the house’s fault or the condo’s fault that it’s being auctioned,” says Rick Levin, the head of the Chicago real-estate auction firm Rick Levin & Associates. “It’s typically the owners’…
As more homeowners and builders fall into foreclosure, many of the properties they let go of wind up on the auction block, where house hunters willing to do some advance legwork can land some terrific bargains. “It’s not the house’s fault or the condo’s fault that it’s being auctioned,” says Rick Levin, the head of the Chicago real-estate auction firm Rick Levin & Associates. “It’s typically the owners’..." />







